An activist investor is pushing Surgery Partners Inc. (Nasdaq: SGRY) to overhaul its strategy, arguing the company should sell its surgical hospitals and focus solely on its ambulatory surgery center (ASC) business. Ortelius Advisors issued an open letter to Surgery Partners shareholders criticizing the company’s performance and calling for sweeping operational, financial and governance changes. In its letter, the New York-based investment firm said Surgery Partners has failed to capitalize on favorable industry trends despite owning a portfolio of high-quality assets.
Read the full article: Activist Investor Calls for Sweeping Changes at Surgery Partners, Urges Divestiture of Surgical Hospitals //
Source: https://ascnews.com/2026/03/activist-investor-calls-for-sweeping-changes-at-surgery-partners-urges-divestiture-of-surgical-hospitals/